First Trust Dow Jones Global Select Dividend Index Fund
97 hedge funds and large institutions have $173M invested in First Trust Dow Jones Global Select Dividend Index Fund in 2018 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 29 increasing their positions, 35 reducing their positions, and 8 closing their positions.
188% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 8
15% more funds holding
Funds holding: 84 → 97 (+13)
10.91% less ownership
Funds ownership: 50.46% → 39.56% (-11%)
17% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 35
29% less capital invested
Capital invested by funds: $244M → $173M (-$70.8M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$13M |
| 2 |
Morgan Stanley
New York
|
+$8.29M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$6.45M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$3.92M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$32.1M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$29.9M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$8.61M |
| 4 |
HFS
HL Financial Services
Louisville,
Kentucky
|
-$4.49M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.6M |
FGD Hedge Fund Activity: Q4 2018 in Review
97 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Global Select Dividend Index Fund (FGD) for Q4 2018, worth a combined $173M — down 29% from $244M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FGD positions and 8 closed out — a net gain of 15 holders — while 29 added to existing stakes and 35 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $13M. The largest seller was Simplicity Solutions, cutting an estimated $32.1M.
- 97 institutional investors held First Trust Dow Jones Global Select Dividend Index Fund (FGD) as of Q4 2018, up from 84 in Q3 2018.
- Funds reported $173M of First Trust Dow Jones Global Select Dividend Index Fund stock for Q4 2018, down 29% quarter-over-quarter.
- 23 funds opened new First Trust Dow Jones Global Select Dividend Index Fund positions in Q4 2018 and 8 closed out, a net change of +15 holders.
- The largest First Trust Dow Jones Global Select Dividend Index Fund buyer in Q4 2018 was Jane Street, an estimated $13M added.
- The largest First Trust Dow Jones Global Select Dividend Index Fund seller in Q4 2018 was Simplicity Solutions, an estimated $32.1M sold.
Based on aggregated 13F filings for Q4 2018.